BT

Bulgarian MP Delyan Peevski Withdrawing from Bulgartabac

Delyan Peevski, a controversial Bulgarian lawmaker and businessman, said on Friday he was selling his stake in Bulgartabac, a Bulgarian tobacco joint-stock holding company.

Peevski, whose name came to the spotlight after he was appointed to head the national domestic and counter-intelligence agency DANS in 2013, triggering nationwide protests, had a majority stake in Bulgartabac.

Part of Bulgartabac Holding Sold, Again

Bulgaria's largest tobacco company, Bulgartabac Holding, has been sold again, reports Capital Daily. 

According to the publication, the Austrian commercial registry shows that on June 26, the majority share package is evenly split between two offshore companies. Livero Establishment transferred  half of BT Invest to Woodford Establishment.

Corporate Commercial Bank Becomes Third Largest Owner of Bulgartabac

The Corporate Commercial Bank (KTB) is the third largest stake holder in Bulgaria's largest tobacco company, Bulgartabac Holding.

According to the report of the Capital Daily business daily, it has purchased 3.22% of Bulgartabac's stakes and the total ownership of the bank became 6.02%. 

Bulgaria's Bulgartabac Has A New Owner

Bulgaria's major tobacco company Bulgartabac has a new owner, shows the Austrian commercial register. 

Livero Establishment, registered in Lichtenstein, is the new owner of BT Invest – the Austrian company, which privatized the holding in 2011. 

It got a little less than 80% of Bulgartabac for EUR 100.1 M.

For now the BT Invest management remains the same.